Accelerator program to help Western Canada’s Black entrepreneurs

Alberta-based Black Business Ventures Association (BBVA) is launching the Black Seed Accelerator Program to provide support to Black tech-led startups in Canadian Prairies.

Starting on Nov. 5, the 12-week accelerator program is designed for early-stage Black tech startups in Alberta, Saskatchewan and Manitoba that want access to online curriculum, community coaching, and funding to launch their ideas to market. It aims to help these founders turn their ideas into businesses with paying clients within the program’s duration. 

The application deadline is October 22, 2021. 

BBVA says that black-led startups in this country fail not only because they lack money, infrastructure, or mentorship – there is also an underrepresentation and diversity problem in the Canadian tech industry. A 2019 report from Brookfield Institute confirms this, noting that only 2.6 per cent of the tech workforce in Canada is Black.

Source: Brookfield Institute report
Source: Brookfield Institute report

BBVA, which is composed of Black leaders with decades of experience in entrepreneurship, startup funding, and marketing, says it aims to bridge the gap between the Black community and the Canadian technology ecosystem. The organization’s mission is to help establish 1000 successful Black-led tech and tech-enabled businesses in Canada by 2030. 

“Our program presents a significant opportunity to invest in underrepresented Black tech founders and startups and drive significant economic outcomes,” says BBVA.


10 Black tech leaders you should know about

Who is eligible to apply?

The program focuses on early-stage companies, registered by Black-led tech founders, building sustainable business models with the potential to impact the global market.   

Those interested can apply here.

How does it work?

Step 1: Upon joining the accelerator program, founders will be able to validate their idea against market research with the help of BBVA. The BBVA Playbook will allow them to test their assumptions and create a venture capital (VC)-worthy business plan.

Step 2: Once the idea has been validated, BBVA will support founders in using its network of experts and investors to enhance their influence and expand their knowledge.

Step 3: After founders have connected with BBVA’s network, the organization will support them in their search for funding, and provide them with coaching on how to pitch and navigate the startup ecosystem. 

There is no cost for participation once applicants qualify, and they do not have to give up any equity to participate. In addition, the program is flexible and remote, making it easy for participants to gain accessibility and be part of a community, the organization explains.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Pragya Sehgal
Pragya Sehgal
Born and raised in the capital city of India - Delhi - bounded by the river Yamuna on the west, Pragya has climbed the Himalayas, and survived medical professional stream in high school without becoming a patient or a doctor. Pragya now makes her home in Canada with her husband - a digital/online marketing fanatic who also loves to prepare delicious meals for her. When she isn’t working or writing around tech, she’s probably watching art films on Netflix, or wondering whether she should cut her hair short or not. Can be contacted at [email protected] or 647.695.3494.

Featured Articles

Empowering the hybrid workforce: how technology can build a better employee experience

Across the country, employees from organizations of all sizes expect flexibility...

What’s behind the best customer experience: How to make it real for your business

The best customer experience – the kind that builds businesses and...

Overcoming the obstacles to optimized operations

Network-driven optimization is a top priority for many Canadian business leaders...

Thriving amid Canada’s tech talent shortage

With today’s tight labour market, rising customer demands, fast-evolving cyber threats...

Staying protected and compliant in an evolving IT landscape

Canadian businesses have changed remarkably and quickly over the last few...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now